Korn/Ferry International (NYSE:KFY) Stock Dropped to “Strong Sell” by Zacks Research

Korn/Ferry International (NYSE:KFY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday, Zacks reports.

Several other brokerages also recently issued reports on KFY. Weiss Ratings restated a “buy (b)” rating on shares of Korn/Ferry International in a research note on Friday, September 18th. Wall Street Zen downgraded shares of Korn/Ferry International from a “buy” rating to a “hold” rating in a report on Sunday, September 13th. Finally, UBS Group upped their price objective on shares of Korn/Ferry International from $75.00 to $82.00 and gave the company a “neutral” rating in a research report on Thursday, September 10th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.25.

Korn/Ferry International Price Performance

Shares of NYSE:KFY opened at $78.08 on Tuesday. The stock has a market capitalization of $4.26 billion, a P/E ratio of 14.73 and a beta of 1.25. The business has a 50-day moving average of $76.39 and a two-hundred day moving average of $71.26. Korn/Ferry International has a fifty-two week low of $58.95 and a fifty-two week high of $87.51. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.37.

Korn/Ferry International (NYSE:KFY) last posted its earnings results on Wednesday, September 9th. The business services provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. The business had revenue of $764.62 million for the quarter, compared to analyst estimates of $737.66 million. Korn/Ferry International had a net margin of 9.36% and a return on equity of 14.43%. Korn/Ferry International’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $1.26 EPS. Korn/Ferry International has set its Q2 2027 guidance at 1.300-1.400 EPS. On average, equities research analysts predict that Korn/Ferry International will post 5.63 EPS for the current fiscal year.

Hedge Funds Weigh In On Korn/Ferry International

Several large investors have recently made changes to their positions in the company. Leuthold Group LLC acquired a new position in Korn/Ferry International during the 3rd quarter valued at about $3,155,000. Hohimer Wealth Management LLC raised its stake in shares of Korn/Ferry International by 5.2% during the third quarter. Hohimer Wealth Management LLC now owns 3,455 shares of the business services provider’s stock worth $247,000 after buying an additional 172 shares during the last quarter. Brighton Jones LLC bought a new stake in shares of Korn/Ferry International during the 3rd quarter valued at $212,000. CenterBook Partners LP acquired a new position in shares of Korn/Ferry International in the 3rd quarter valued at $1,426,000. Finally, Heritage Family Offices LLP acquired a new position in shares of Korn/Ferry International in the 3rd quarter valued at $139,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Korn/Ferry International Company Profile

Korn Ferry is a global organizational consulting firm that helps companies and other institutions align their people, strategy and operations. Its services are designed to support organizations across the employee lifecycle, from attracting and selecting talent to developing leaders, improving performance and managing organizational change.

The company’s principal offerings include executive search and professional recruitment, recruitment process outsourcing, leadership assessment and development, succession planning, executive coaching, compensation and rewards consulting, and broader organizational strategy.